- On Monday, legendary bond investor Jeff Gundlach told CNBC that he is " pretty sure this is a bear market for stocks. "
- Jim Cramer, the host of CNBC's "Mad Money," said during a Thursday morning appearance that Gundlach should "stick to bonds."
- Late Thursday, Gundlach said he wouldn't be appearing on CNBC anymore.
- Cramer apologized to Gundlach on Friday, saying "he's proven to be very right."
Jim Cramer, the host of CNBC's "Mad Money" on Friday apologized to "Bond King" Jeff Gundlach after the billionaire hedge-fund manager said he wouldn't be appearing on the network anymore.